Decision Analysis

Version:

ESTIMATED Property Tax Assessment

Decision Analysis

Abstract #:	0000007636-2018-2018-0000 REI	Old Account #:	0000200363
Pin #:	9501210035	Parcel #:	498
Purchase Date / Deed Date:	1/1/1995	Years Owned and Occupied as of Jan 1:	23
Deed Ref #:	154 / 109

Owner Info

ROBINSON, JR., KERMIT REED

264 OLD NASSAU RD OCRACOKE, NC 27960 SMYRNA NC 28579

+ ESTIMATED Value Subject to Exclusion calculation $:

Income $:

Land Volume (Size / Acreage):	/ SZUTNONE
Land Value :	$112,800
- Up to 1 acre Homesite ONLY :
- All other land - acreage / residual :
- Assessed at PUV, if applicable :
Assessed Historic Deferment :
Qualifying Dwelling Value :
- Qualifying Dwelling (Primary Residence or Real Property MH) Value:
- Personal Property MH Value:
Value of other related improvements:
- Detached Garage :
- Carport / Canopy :
- Swimming Pool :
- Bath House :
- Tennis Court :
- Utility Storage :
- All other related improvements:
All other non-related Improvements :
Total Appraised Value (Market value) of Parcel:
Real Property Residential Value:
Amount of Tax Relief (Assessed value Excluded):
Assessed Value of the above portion after Exclusion is Applied:
Plus assessed value for other property not eligible for Exclusion:
Total Assessed value for Parcel:

Tax Rate %:

ESTIMATED Elderly/Disabled Analysis

Exclusion Income Eligibility Limit:	$29,600
Exclusion (Mimimum) Amount Value:	$25,000
Meet Income Test:
Excluded Amount:
Taxable Amount:
Taxes Due:

ESTIMATED Circuit Breaker Analysis

Circuit Breaker Income Limit:	$44,400
Meets Income Test:
Subject to 4% or 5% :
Total Possible Taxes:
Max. Taxes Allowed by Circuit Breaker:
Taxes Due:
*Taxes Deferred*:

ESTIMATED Current Year Tax Savings

Under Elderly/Disabled (compared to Circuit Breaker):
Under Circuit Breaker (compared to Elderly/Disabled):

Note:

Under the Low-Income Homestead Exclusion Program, there are no deferred liens against the property.
Under the Circuit Breaker Program, deferred taxes become a lien against the property and are subject to collection by the County when the property loses the classification. At the time of a disqualifying event, it is possible that the most recent year plus three prior years of deferred taxes associated with the Circuit Breaker become due and payable.

* Disclaimer*

Please be advised that THE DECISION ANALYSIS INFORMATION IS ONLY AN ESTIMATION of tax relief based upon information from the prior tax year rate(s) and valuation records that we currently have on file. The rate and the valuation could change due to various reasons. Current year tax rates are typically available after July 1st and the valuation information could change due to a countywide revaluation or possible addition or demolition factors which have effected the property.

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Note:

*** Disclaimer***

* Disclaimer*